Glossary

This is used when a company wants to raise cash for investment or to pay off debt etc. New shares in the company are offered to shareholders as a ratio of current holdings, e.g. 1 new for 10 current.

Please remember

This website can help you make informed investment decisions, not give personalised advice. If in doubt, please seek independent financial advice. Past performance is not an indicator of future performance and since investments can fluctuate in value, you may get back less than you pay in. Tax allowances and the benefits of tax-efficient accounts could change in the future.